Jai Jani
Seller LLC has Litigation
16 July 2024 | 4 replies
The Exclusions From Coverage for a standard ALTA Owner's Title Policy provides:The following matters are excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys’ fees, or expenses that arise by reason of:4.
Jacob Sanders
Buy and hold, MF, Albuquerque NM.
1 July 2024 | 10 replies
@Justin Rowe My main focus was to find a property with acceptable profit margins, and in a C- or better neighborhood, which at the time was challenging.I ended up buying in the Alta Monte neighborhood.
John Giggy
Can you get a loan on a property with a CLTA policy?
28 June 2024 | 7 replies
They can provide guidance on their policies regarding title insurance and preferences for ALTA vs.
Shari B.
Do Property Taxes Get Adjusted Mid-Year?
27 June 2024 | 0 replies
If the property tax is expected to increase for the new owner, should the company making the purchase from the original owner reflect the higher tax amount on the ALTA in my transaction?
Dar Baruchim
Requesting Advice: Purchasing an apartment in building that failed inspection
29 May 2024 | 7 replies
They would hire a company to do Phase 1, PCAs, ALTA assessments and the like.
Mason Bear
Phase 1 + what are we missing???
27 May 2024 | 9 replies
Recommend requesting the seller’s existing ALTA Survey, building plans & floor plans, site map, seller’s prior Phase 1 & environmental reports (easy for them to ask lender for copy), full rent roll detail (including renovated/classic unit indications by unit, sqfts, building #’s, full detail), aged receivables report (will allow you to identify hidden delinquency / bad debt yet to be reflected in T12’s), general ledgers / capex ledgers back at least 3 years to ID major capital projects or damage that wasn’t disclosed initially.
Miguel Suarez
I'm Planning To Buy A House Out Of State early 2024 (any suggested states to invest?)
24 May 2024 | 259 replies
In the next several years they will be putting in a new Gondola which will start at the base of the canyon and drop off at snowbird and Alta.
Tatenda Mpofu
Common Surveys Performed During Diligence
12 May 2024 | 8 replies
A quick search suggested that the following surveys could be completed in the diligence phase of self storage facility acquisitionBoundary Survey: ALTA/NSPS Land Title Survey: Topographic Survey: Site Planning Survey: Floodplain Survey: As-Built Survey: I'm curious which of these are necessary versus nice to have
Jessica DiPonziano
Rental License in Philadelphia Process Confusion
29 April 2024 | 6 replies
You should be able to get a license by uploading a proof of ownership like a settlement sheet doc HUD or ALTA.
Ivorie Walker
Rental License and Inherited Tenant
21 April 2024 | 4 replies
The eClispe system allows you to upload proof of ownership your ALTA or HUD statement should do.